Nsp – Neighborhood Stabilization Program Joleen Halloran Keller Williams Platinum V2

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NSP - Neighborhood Stabiliation Program in Kansas City, MO

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Nsp – Neighborhood Stabilization Program Joleen Halloran Keller Williams Platinum V2

  1. 1. NSP – Neighborhood Stabilization Program<br />Kansas City, Mo<br />Joleen Halloran - 816-305-4814 - joleenhalloran@kw.com - JoleenHalloran.YourKWAgent.com<br />
  2. 2. What is NSP? <br />In response to the recent foreclosure crisis, the federal government is providing Kansas City, MO with $7.3 million through the Neighborhood Stabilization Program (NSP) to purchase and rehab vacant, foreclosed homes in the urban core and sell to eligible home buyers<br />Joleen Halloran - 816-305-4814 - joleenhalloran@kw.com - JoleenHalloran.YourKWAgent.com<br />
  3. 3. NSP - Continued<br />Five local developers will rehab these homes and guide qualified families through the process of finding and purchasing a home. <br />Joleen Halloran - 816-305-4814 - joleenhalloran@kw.com - JoleenHalloran.YourKWAgent.com<br />
  4. 4. How do I get started? <br />Call me! It’s that easy! <br />I will explain the process in detail and together we will decide if you meet the criteria to get qualified. <br />Then we go find your house! <br />Joleen Halloran - 816-305-4814 - joleenhalloran@kw.com - JoleenHalloran.YourKWAgent.com<br />
  5. 5. What will I get? <br />This program is an opportunity to pick a home out from an inventory of 100’s and work with developers to design a home. <br />Your home will have new products, will be energy efficient and will be decorated with the latest colors and style for lighting, fixtures and products. <br />Joleen Halloran - 816-305-4814 - joleenhalloran@kw.com - JoleenHalloran.YourKWAgent.com<br />
  6. 6. What else? <br />You’ll get one the best possible homes that your qualified buyer dollar can by (updated and energy efficient)<br />You’ll get down payment assistance up 20% of sale price, up to $20,000. <br />If you are qualified for 1st time homebuyers tax credit or repeat buyers tax credit, you will still get that. <br />You may be eligible for additional tax credits for energy efficiency if your home requires new windows, siding or furnace. <br />Joleen Halloran - 816-305-4814 - joleenhalloran@kw.com - JoleenHalloran.YourKWAgent.com<br />
  7. 7. Where are these homes? <br />Homes that are eligible are located all over the city. There are 8 target areas that have specific boundaries for eligibility. <br />The eight areas include homes in the Central, South, South East, North, East, West, + couple of around 1-70 to 40 highway and 1-435 and Blue Ridge. <br />Joleen Halloran - 816-305-4814 - joleenhalloran@kw.com - JoleenHalloran.YourKWAgent.com<br />
  8. 8. What do I do next <br />Call me to get started – <br />Joleen Halloran<br />Keller Williams Platinum Partners<br />816-305-4814<br />joleenhalloran@kw.com<br />JoleenHalloran.YourKWAgent.com<br />Joleen Halloran - 816-305-4814 - joleenhalloran@kw.com - JoleenHalloran.YourKWAgent.com<br />
  9. 9. Eligibility Requirements for Buyer<br />Buyer must be able to qualify for the loan (there are several great lenders associated with this program – several of them do not use FICO scores to determine loan eligibility)<br />Buyer must be a US citizen, qualified alien or a non-immigrant<br />Home must be your primary residence<br />Joleen Halloran - 816-305-4814 - joleenhalloran@kw.com - JoleenHalloran.YourKWAgent.com<br />
  10. 10. Income Eligibility for Buyer<br />Joleen Halloran - 816-305-4814 - joleenhalloran@kw.com - JoleenHalloran.YourKWAgent.com<br />
  11. 11. Eligible Homes <br />Home must a detached single family home<br />Home must be bank owned<br />Home must be a foreclosure<br />Must be located in target census tracts<br />Joleen Halloran - 816-305-4814 - joleenhalloran@kw.com - JoleenHalloran.YourKWAgent.com<br />
  12. 12. Let get started on getting you your dream home today!<br />Joleen Halloran - 816-305-4814 - joleenhalloran@kw.com - JoleenHalloran.YourKWAgent.com<br />

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